Forensic Accounting Case Studies
We undertook forensic investigations on behalf of the liquidator of a multimillion pound electronic gaming/software company. Allegations included creditor preference, disposal of assets at undervalue, extraction of funds by use of false invoices, and identifying directors’ private expenditure paid for by the company. Our investigation led to significant funds being recovered for creditors.
Acted in a bitter dispute between two director shareholders. No shareholders' agreement had been drafted in 1992 and the terms of trading between the company and one director's own company were disputed. Upon voluntary liquidation the other company put in a creditor's claim for £850,000. We investigated the claim and also the previous nine years' invoicing to uncover fraudulent and excessive invoicing against the company, launched a counterclaim and presented evidence to the Vice Chancellor.
Large Multinational Corporation
At the request of a large multinational corporation we conducted an investigation into potential leaks of confidential information from within the business. A large-scale investigation utilising mathematical and statistical analysis was conducted. We examined the data of several thousand workers in various countries and were successful in detecting suspicious patterns of behaviour.
Integrated Proceeds of Crime
Offshore Investment Funds
We assisted with the compulsory winding up of several offshore investment funds with assets valued at several billion US dollars in various countries around the world. This involved undertaking investigations to identify and trace assets, identify liabilities, and visit various overseas locations in order to assist with securing and realising assets, including taking control of a Luxembourg investment company.